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inventory adjustments
non-cash adjustments
adjustments for non-cash expenses
they are adjustments based on reality
and inventory adjustments.Examples of Adjusting EntriesBy their nature
adjustments may need to be made to the balance sheet to reflect reality.Once the depreciation cost (the amount that needs to be
and statement of cash flows (this can occur at other points in time with appropriate adjustments) 5. Closing entries – prepare a
